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Wed, 26th April 2017

Anirudh Sethi Report

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Archives of “Education” Category

Atlanta Fed first quarter GDP estimate drops even further

Atlanta Fed’s GDPNow falls to +0.5%

The Atlanta Fed’s tracking estimate for first quarter growth continues to point to a dismal start to the year.

Officials cut the tracker to +0.5% from +0.6% last wee

“The forecast for first-quarter real consumer spending growth fell from 0.6 percent to 0.3 percent after this morning’s retail sales report from the U.S. Census Bureau and the Consumer Price Index release from the U.S. Bureau of Labor Statistics,” the release said.